Iris Energy (IREN) Short Interest Ratio & Short Volume

Short interest is the volume of Iris Energy shares that have been sold short but have not yet been closed out or covered. As of January 31st, investors have sold 20,590,000 shares of IREN short. 11.42% of Iris Energy's shares are currently sold short. Learn More on Iris Energy's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. IREN shares currently have a short interest ratio of 1.0. Learn More on Iris Energy's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Iris Energy: GTS Securities LLC, Wolverine Trading LLC, Squarepoint Ops LLC, Torno Capital LLC, Sig Brokerage LP, Point72 Asset Management L.P., Millennium Management LLC, Jefferies Financial Group Inc., Group One Trading LLC, DeepCurrents Investment Group LLC, Cubist Systematic Strategies LLC, Caption Management LLC, Citadel Advisors LLC, Jane Street Group LLC, Tudor Investment Corp ET AL, Parallax Volatility Advisers L.P., Susquehanna International Group LLP, HAP Trading LLC, Concourse Financial Group Securities Inc., PEAK6 LLC, Walleye Trading LLC, Walleye Capital LLC, Capital Fund Management S.A., National Bank of Canada FI, Simplex Trading LLC, Wolverine Asset Management LLC, and IMC Chicago LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 11.42% of Iris Energy's floating shares are currently sold short.

Iris Energy saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 20,590,000 shares, an increase of 28.9% from the previous total of 15,970,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Iris Energy currently has issued a total of 187,860,000 shares. Some of Iris Energy's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Iris Energy currently has a public float of 180,260,000 shares.

11.42% of Iris Energy's shares are currently sold short. Here is how the short interest of companies in the industry of "banking" compare to Iris Energy: Woori Financial Group Inc. (0.01%), Grupo Financiero Galicia S.A. (2.50%), Upstart Holdings, Inc. (19.12%), Qifu Technology, Inc. (1.80%), Mr. Cooper Group Inc. (2.63%), OneMain Holdings, Inc. (4.43%), Cadence Bank (2.39%), Bank OZK (14.57%), Banco Macro S.A. (0.49%), PennyMac Financial Services, Inc. (2.65%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.21 billion), Charter Communications, Inc. ($4.07 billion), Reddit, Inc. ($3.33 billion), The Kroger Co. ($2.67 billion), Cencora, Inc. ($2.29 billion), Hims & Hers Health, Inc. ($2.17 billion), SoFi Technologies, Inc. ($1.99 billion), Live Nation Entertainment, Inc. ($1.87 billion), Rivian Automotive, Inc. ($1.76 billion), and Moderna, Inc. ($1.60 billion). View all of the most shorted stocks.

Short selling IREN is an investing strategy that aims to generate trading profit from Iris Energy as its price is falling. IREN shares are trading down $1.48 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Iris Energy occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of IREN, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including IREN, twice per month. The most recent reporting period available is January, 31 2025.